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White House Insists Trump Has 'Lost Money' Since Being President Despite 'Corruption' Accusations: 'He Left a Life of Luxury'

  

Category:  News & Politics

Via:  tacos  •  last year  •  50 comments

By:   Taylor Odisho (Latin Times)

White House Insists Trump Has 'Lost Money' Since Being President Despite 'Corruption' Accusations: 'He Left a Life of Luxury'
The White House claimed President Donald Trump has "lost money" despite a report revealing he and his family have generated $2.9 billion in cryptocurrency.

S E E D E D   C O N T E N T


trump-corruption-05092025-1.jpg?w=736&f=e19d5df68983ffe867beef8c2531e9d7 The White House claimed President Trump has lost money during a press conference Friday.X

White House Press Secretary Karoline Leavitt insisted President Donald Trump has "lost money" since beginning his second term despite a report revealing he and his family have allegedly generated $2.9 billion in cryptocurrency earnings.

Leavitt defended the White House's ethics on Friday after a reporter asked whether he plans to visit any of his businesses during his upcoming trip to the Middle East. Just over the past two weeks, Donald Trump Jr. and Eric Trump have inked new ventures involving billions of dollars, including a $1 billion, 80-story Trump International Hotel and Tower in Dubai, which will sells units that cost up to $20 million, The New York Times reported.

"Not to my knowledge, and let me just get to the premise of your question that both of you have raised," Leavitt responded in a clip circulating on X. "I think it's frankly ridiculous that anyone in this room would even suggest that President Trump is doing anything for his own benefit."


Leavitt: It is ridiculous that anyone in this room would even suggest that President Trump is doing anything for his own benefit. He left a life of luxury and a life of running a very successful real estate empire for public service. pic.twitter.com/QNTJ7jx9JD
— Acyn (@Acyn) May 9, 2025

"He left a life of luxury and a life of running a very successful real estate empire for public service, not just once but twice," Leavitt continued, adding that he was voted back into the White House because Americans "trust he acts in the best interest of our country and putting the American public first."

"This is a president who has actually lost money for being president of the United States," Leavitt claimed. "I don't remember these same types of questions being asked of my predecessor about a career politician who was clearly profiting off of this office. That is not what President Trump does and this White House holds ourselves to the highest of ethical standards," she added.

Although Leavitt claimed that the president has lost money, a report from State Democracy Defenders Action, a nonpartisan lobbying and advocacy organization, found that the Trump family has profited $2.9 billion from cryptocurrency during the past six months alone.

Trump's cryptocurrency empire is expected to expand further after his cryptocurrency company, World Liberty Financial, announced an Abu Dhabi-backed firm will invest $2 billion in the company in 2025. President Trump and his sons hold a 60% ownership stake in World Liberty Financial and will receive 75% of net revenue from future token sales, according to CBS News.

Meanwhile, from within the White House, Trump has continued to champion cryptocurrency. In March, he signed an executive order establishing a "Crypto Strategic Reserve" as part of his effort to position the U.S. as the "crypto capital of the world."

© 2025 Latin Times. All rights reserved. Do not reproduce without permission.


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Tacos!
Professor Guide
1  seeder  Tacos!    last year
He left a life of luxury

.

This is a president who has actually lost money for being president of the United States

You could not write comedy like this. Karoline Leavitt is going to put SNL and the Daily Show out of work.

 
 
 
Freewill
Junior Quiet
1.1  Freewill  replied to  Tacos! @1    last year
You could not write comedy like this.

I could! jrSmiley_82_smiley_image.gif

 
 
 
Freewill
Junior Quiet
1.2  Freewill  replied to  Tacos! @1    last year
"He left a life of luxury and a life of running a very successful real estate empire for public service, not just once but twice,"

And now he has to live in that shithole at 1600 Pennsylvania Avenue for another 4 years!  jrSmiley_100_smiley_image.jpg

 
 
 
devangelical
Professor Principal
1.2.1  devangelical  replied to  Freewill @1.2    last year
he has to live in that shithole at 1600 Pennsylvania Avenue for another 4 years!

lots of luck to him with that ... /s

 
 
 
devangelical
Professor Principal
1.3  devangelical  replied to  Tacos! @1    last year

it wasn't intellectual capacity that snagged her sugar daddy ...

 
 
 
Trout Giggles
Professor Principal
1.4  Trout Giggles  replied to  Tacos! @1    last year

I do believe Miss Karoline is better at this job than Miss Sarah ever was

 
 
 
devangelical
Professor Principal
1.4.1  devangelical  replied to  Trout Giggles @1.4    last year

trump just gifted sarah an easter basket with a big foil wrapped turd ...

 
 
 
Trout Giggles
Professor Principal
1.4.2  Trout Giggles  replied to  devangelical @1.4.1    last year

rofl!

why yes he did. She asked twice for FEMA money but was told NO

 
 
 
devangelical
Professor Principal
1.4.3  devangelical  replied to  Trout Giggles @1.4.2    last year

... and her daddy is out of town prepping for the end times.

 
 
 
devangelical
Professor Principal
1.4.4  devangelical  replied to  devangelical @1.4.3    last year

selling geezus knee pads to the soon to be converted ...

 
 
 
devangelical
Professor Principal
1.5  devangelical  replied to  Tacos! @1    last year

 
 
 
freepress
Freshman Silent
2  freepress    last year

😅😂😅😂😅Wow! Just unbelievable the level of lying, it's like a comedy skit gone wild.

 
 
 
devangelical
Professor Principal
2.1  devangelical  replied to  freepress @2    last year

77+ million morons hang on his every word as gospel ...

 
 
 
Freewill
Junior Quiet
3  Freewill    last year
This is a president who has actually lost money for being president of the United States.

Not so sure about that, but I did find this graphic on his net worth 2014-2024.  He did lose significant wealth during his last term, but I doubt it had much to do with him being President.

512

 
 
 
Thomas
Professor Guide
3.1  Thomas  replied to  Freewill @3    last year

He started losing money because a lot of the places that he had deals with started backing out when they realized what a turd in the pool he was.

 
 
 
Freewill
Junior Quiet
3.1.1  Freewill  replied to  Thomas @3.1    last year

Doodie!

 
 
 
Gsquared
Professor Expert
4  Gsquared    last year
"I think it's frankly ridiculous that anyone in this room would even suggest that President Trump is doing anything for his own benefit."

They think the American people are stupid.  Based on who won the last presidential election, it's hard to argue with that.

 
 
 
JohnRussell
Professor Principal
4.1  JohnRussell  replied to  Gsquared @4    last year
They think the American people are stupid.

They are. 

 
 
 
devangelical
Professor Principal
4.1.1  devangelical  replied to  JohnRussell @4.1    last year

... painfully and pathetically.

 
 
 
JohnRussell
Professor Principal
5  JohnRussell    last year

Lunatics like this fuckhead are trying to take some of the heat off of trump

www.mediaite.com   /news/roger-stone-calls-for-democratic-senator-to-be-tried-for-treason-and-executed-if-convicted/

Roger Stone Calls for Democratic Senator To Be Tried for ‘Treason’ and ‘Executed’ ...

Kipp Jones 3-3 minutes   5/9/2025


Kipp Jones May 9th, 2025, 9:20 pm

AP19052770539342-scaled.jpghttps://am12.mediaite.com/med/cnt/uploads/2024/01/AP19052770539342-300x200.jpg 300w, 1200w, 150w, 768w, 1536w, 2048w" sizes="(max-width: 2560px) 100vw, 2560px" >

AP Photo/Jose Luis Magana

Roger Stone , a longtime ally of President   Donald Trump , called for the execution of Sen.   Mark Kelly   (D-AZ), accusing him of “treason” in a social media post.

Stone   made the statement on his X page after sharing a post by   Kelly   that criticized Trump’s recent crypto venture.

“Senator Mark Kelly is cashing in on his US Senate seat as a partner in a Chinese communist company that makes surveillance balloons,” Stone wrote. “He should be charged with treason and if convicted executed, consistent with federal law.”

Kelly’s original post accused Trump of profiting from his presidency by   launching a meme coin   that made Trump billions on paper after the election.

“Trump is cashing in on his presidency and making millions from his own crypto coins,” Kelly wrote Thursday. “It’s corruption in broad daylight.”

Kelly said he was co-sponsoring legislation that, if passed, would ban the president, the vice president, members of Congress, and other federal officials from issuing or promoting cryptocurrency assets for personal gain.

Gabrielle Giffords , Kelly’s wife and a former Arizona congresswoman who survived an assassination attempt in 2011, responded to Stone’s comments on Friday.

“Elon Musk called my husband @CaptMarkKelly a traitor. Yesterday, Roger Stone said he should be executed for treason,” she wrote on her X page. “After last year, Trump and his allies should understand that the threat of political violence is real. It stole a job that I loved. Inciting violence is unAmerican — it’s what extremists do. Anyone serious about protecting this country should know the difference.”

Stone replied to Giffords Friday evening, writing:

What I actually said, of course, was that your husband being partners with a communist Chinese company that makes surveillance balloons that are used to spy on America, which I believe is treasonous. I said he should be TRIED and if convicted, of course the penalty for treason is capital punishment. But of course you left that part out. Typical left-wing distortion.

Giffords   was shot   in the head during a constituent event in Tucson in 2011. Six people were killed and more than a dozen others were injured in that attack.

In July of last year, Trump was wounded in the ear in an attempted assassination during a campaign rally in Butler, Pennsylvania.

Trump’s meme coin was rolled out in January and was followed by the release of a meme coin for his wife, First Lady   Melania Trump .

 
 
 
devangelical
Professor Principal
5.1  devangelical  replied to  JohnRussell @5    last year
followed by the release of a meme coin for his wife, First Lady  Melania Trump

... I wonder how many it takes to make a 6 inch stack, and if that all nude club in south beach is still operating?

 
 
 
devangelical
Professor Principal
5.1.1  devangelical  replied to  devangelical @5.1    last year

poor melania, her husband will already be in the ground the last time she gets stiffed by him ...

 
 
 
devangelical
Professor Principal
5.2  devangelical  replied to  JohnRussell @5    last year
take some of the heat off of trump

misdirection, deflection, and a steady stream of maga bullshit ...

 
 
 
sandy-2021492
Professor Guide
5.3  sandy-2021492  replied to  JohnRussell @5    last year

It's amazing how shit like this gets a pass, but "8647" is supposed to land Comey in prison.

 
 
 
bugsy
Professor Participates
5.3.1  bugsy  replied to  sandy-2021492 @5.3    last year
It's amazing how shit like this gets a pass, but "8647" is supposed to land Comey in prison.

Difference is Stone is an idiot but called for a trial and then punishment.

Comey is the former head of the FBI, and he put out a message that Trump should be taken out without a trial, or not even accusations of wrongdoing. 

 
 
 
sandy-2021492
Professor Guide
5.3.2  sandy-2021492  replied to  bugsy @5.3.1    last year

You have proof that he didn't mean "fired"?  Please present it.

 
 
 
bugsy
Professor Participates
5.3.3  bugsy  replied to  sandy-2021492 @5.3.2    last year

I don't but the fact remains that you tried to compare a relative nobody to the former head of the FBI where one called for charges, a trial, then punishment, the other just called for him being taken out with no substantial accusations, no call for charges, no trial, just taken out....no matter how you want to define "86".

 
 
 
devangelical
Professor Principal
5.3.4  devangelical  replied to  sandy-2021492 @5.3    last year

my state is full of what maga considers level playing fields, we call them ski resorts ...

 
 
 
sandy-2021492
Professor Guide
5.3.5  sandy-2021492  replied to  bugsy @5.3.3    last year

"86" generally means fired.  People are 86'd with cause and within the procedural norms of their employers all the time.  And they've been 86'd without cause and in opposition to those procedures by Trump and Musk.

When Trump actually pulls this shit, you lap it up.

When Comey suggests it, you want his head.

When Stone calls for an execution for acts that in no way could be considered criminal, you're silent.

 
 
 
bugsy
Professor Participates
5.3.6  bugsy  replied to  sandy-2021492 @5.3.5    last year
When Trump actually pulls this shit, you lap it up.

I thought we weren't supposed to make it personal....but of course, since.......

"When Comey suggests it, you want his head."

"When Stone calls for an execution for acts that in no way could be considered criminal, you're silent"

Show me where I did either of these things. Hell, I didn't even know about the Stone thing until this seed. Unlike many leftists, I don't let people I hate live in my head rent free. 

You are correct with 86 meaning being fired, but it also can be defined as getting rid of.

You asked me how do I know Comey didn't mean getting fired and I honestly answered.

Now, how do you know he didn't mean getting taken out lethally?

 
 
 
devangelical
Professor Principal
5.3.7  devangelical  replied to  sandy-2021492 @5.3.5    last year

I'm glad maga is making such a bfd about 8647. I hope it continues to trend for a long time. I also hope it follows their tea party to teabags debacle and backfires in their faces. I like the idea of them thinking and trying to convince others that it means a lot of non-maga americans want their 10kt gold plated bag of shit POTUS ganked. maybe it will lead some to clarity and bring them back to being more pro-democracy and lot more like a patriotic american.

 
 
 
sandy-2021492
Professor Guide
5.3.8  sandy-2021492  replied to  bugsy @5.3.6    last year
Now, how do you know he didn't mean getting taken out lethally?

I don't.  But in the grand tradition of the Trump supporter, I'll choose not to believe that he did, even if he expressly said that Trump's brains should be blown out.

1. He didn't say that.

2. Well, he did, but he was only joking.  People just don't understand him.

3. It was taken out of context.

4. Others have said much worse.

That's the typical way of things, as I recall.  What's sauce for the goose...

 
 
 
devangelical
Professor Principal
5.3.9  devangelical  replied to  sandy-2021492 @5.3.8    last year
1. He didn't say that.

2. Well, he did, but he was only joking.  People just don't understand him.

3. It was taken out of context.

4. Others have said much worse.

That's the typical way of things, as I recall.  What's sauce for the goose...

exactly. nicely done ...

 
 
 
bugsy
Professor Participates
5.3.10  bugsy  replied to  sandy-2021492 @5.3.8    last year

‘don't.  But in the grand tradition of the Trump supporter, I'll choose not to believe that he did, even if he expressly said that Trump's brains should be blown out.’

Of course, this is a SG, but since…..

But in the grand scheme of things, to MOST Biden supporters, 

‘He is sharp as a tack’

’He does circles around the White House staff’

Was so much more believable s/

 
 
 
devangelical
Professor Principal
5.3.11  devangelical  replied to  sandy-2021492 @5.3.8    last year
Trump's brains should be blown out

... a growing sentiment among americans willing to defend our democracy and the constitution.

 
 
 
devangelical
Professor Principal
5.3.12  devangelical  replied to  bugsy @5.3.6    last year
I don't let people I hate live in my head rent free.

...

 
 
 
Trout Giggles
Professor Principal
5.3.13  Trout Giggles  replied to  devangelical @5.3.12    last year

that's still letting people live in your head rent free. If you hate someone...they're in that tiny space, jumping on your bed, making messes in the kitchen, eating all your groceries, torturing your cat....

 
 
 
Igknorantzruls
Junior Quiet
5.3.14  Igknorantzruls  replied to  Trout Giggles @5.3.13    last year

yea, but shes worth it...

 
 
 
Trout Giggles
Professor Principal
5.3.15  Trout Giggles  replied to  Igknorantzruls @5.3.14    last year

Who do you hate? I don't see you being a hater

 
 
 
Igknorantzruls
Junior Quiet
5.3.16  Igknorantzruls  replied to  Trout Giggles @5.3.15    last year

I tend to love to hate haters, am intolerant of tolerance, and, if i could, i would become a make up artist, but since i often forget to remember, i always remember to forget the past violations and take a nipper, cause thwith a chainsaw, they/it all fit easier into the wood chipper....

 
 
 
devangelical
Professor Principal
5.3.17  devangelical  replied to  Trout Giggles @5.3.13    last year
they're in that tiny space

you mean that vast brainwashed wasteland ...

 
 
 
devangelical
Professor Principal
5.3.18  devangelical  replied to  Igknorantzruls @5.3.16    last year
they/it all fit easier into the wood chipper

as long as they're not frozen and have been hung up to dry for awhile ...

 
 
 
Trout Giggles
Professor Principal
5.3.19  Trout Giggles  replied to  devangelical @5.3.17    last year

I say tiny space....you say vast brainwashed wasteland

tomato tomAto

 
 
 
Trout Giggles
Professor Principal
5.3.20  Trout Giggles  replied to  devangelical @5.3.18    last year

that might not be as messy

 
 
 
devangelical
Professor Principal
5.3.21  devangelical  replied to  Trout Giggles @5.3.20    last year

a possible contribution to making america great again ...

 
 
 
Gsquared
Professor Expert
6  Gsquared    last year

The best anyone can say about Roger Stone is that he is a low-life scumbag.

 
 
 
Igknorantzruls
Junior Quiet
6.1  Igknorantzruls  replied to  Gsquared @6    last year

i could probably best that

 
 
 
devangelical
Professor Principal
6.1.1  devangelical  replied to  Igknorantzruls @6.1    last year

bodyguards should be a non-qualifying business expense on tax returns ...

 
 
 
devangelical
Professor Principal
6.2  devangelical  replied to  Gsquared @6    last year

stone deserves to have some street art dedicated to him, like an abstract mural on the side of a building in miami ...

 
 
 
devangelical
Professor Principal
7  devangelical    last year

to be fair, he says he's giving back his salary as POTUS, as long as everybody forgets about the emoluments clause in the constitution ...

 
 

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